Belron Purchases Mobilglas of Denmark for Approximately $6 Million
Chief executive officer Fred Sorenson confirmed this morning that Belron
S.A. has purchased Mobilglas, his Glostrop, Denmark-based company. According
to a statement issued by Belron parent company D'Ieteren, the purchase
price was approximately $6 million U.S. dollars (4.8 million Euros).
Sorenson founded the company in 1984 with the assistance of Jacqueline
Newman of Austin, Texas. Today, he serves on the Repair of Laminated Auto
Glass Standard (ROLAGS) Committee.
At press time, officials from Belron had not yet responded to requests
Need more info and analysis about the issues?